- KindlyMD plans a $5 billion equity and securities shelf offering.
- Move follows merger with Nakamoto Holdings and Bitcoin purchases.
- Strategic shift toward Bitcoin as a treasury asset under CEO David Bailey.
KindlyMD, a Nasdaq-listed healthcare firm, announced a $5 billion equity raise on August 26, 2025, through a merger with Nakamoto Holdings, focusing on Bitcoin as its main treasury asset.
The move signifies a growing trend of corporate Bitcoin adoption, potentially impacting market dynamics and signaling increased confidence in Bitcoin as a reliable financial reserve.
KindlyMD, a Nasdaq-listed firm, has announced plans for a $5 billion equity and securities shelf offering. This move follows its recent merger with Nakamoto Holdings and substantial Bitcoin purchases aimed at solidifying its treasury strategy.
The company’s leadership, under CEO David Bailey, previously a crypto policy adviser under the Trump administration, spearheads this initiative. Key actions include the acquisition of significant Bitcoin quantities, reflecting a strategic shift toward cryptocurrency as a treasury asset.
The announcement has resulted in immediate fluctuations within the Bitcoin market. KindlyMD’s decision aligns with increasing trends in corporate Bitcoin adoption, further endorsing its role as a primary treasury reserve asset within the sector.
Financial markets anticipate potential impacts from this move, with Bitcoin prices initially rebounding above $112,000. While the long-term implications for Bitcoin’s stability remain under scrutiny, this strategy signals further corporate cryptocurrency integration.
“Excited to partner with TD Securities and 9 other leading financial institutions to execute a $5B ATM offering. It’ll take us a while to build the necessary liquidity to complete the program, but it’ll be a critical tool as we execute our strategy.” — David Bailey, Chair and CEO, KindlyMD
David Bailey’s leadership accentuates a focus on transparency and governance improvements, with detailed execution plans forthcoming. Official reports suggest close management by institutions like TD Securities to optimize this significant financial operation.